Fear of Trump tariffs drive shoppers for Black Friday deals
Inflation-fatigued shoppers were looking for deals as they worried about higher prices next year on back of tariffs.
Brushing snowflakes off her hair, Teagan Hickson walked into a Walmart Supercenter in Fort Wayne, Indiana, with hopes of picking up a few holiday deals on Black Friday. The first thing the mother of two spotted: a pallet stacked high with Gourmia digital air fryer ovens for $50 each.
Her sister Jordan had been wanting one, she said, but money was tight right now for everyone in her family. She worried about expenses next year after reading posts on Facebook about price hikes if President-elect Donald Trump’s planned tariffs go into effect in January.
“I’m trying to not spend too much,” said Hickson, 43. “I don’t want to add to my credit cards, but I don’t want to pay more for stuff next year.”
As retailers reopened United States stores after the American Thanksgiving holiday, some locations drew clusters of shoppers. People were eager to see stores’ Black Friday discounts, often comparing them to rivals’ prices for similar merchandise online.
Weighing on the minds of many Americans: Should prices rise in 2025 as a result of Trump’s move to implement?new tariffs on some US imports, consumers like Hickson could feel the impact at grocery stores and restaurants, potentially driving up their living costs.
At the Walmart, Hickson called her husband, Josh, who was sitting in front of his computer at home and ready to compare prices in the store with what they could find online.
“Baby, this looks pretty nice,” she told Josh. “What’s it online?” A few seconds later, Josh found a similar model on Amazon for double the price. She grabbed a box, put it in her cart, and headed deeper into the big-box store.
Walmart, which operates?4,700 US stores, this year is offering a variety of deals on Samsung TVs, Dyson vacuum cleaners, Lego and Hot Wheels toys, Levi’s jeans, and air fryers, although its pre-Black Friday discounts began on November 11.
Cristal Lopez pushed a cart full of clothing and a couple of sling tote bags through the aisles of a North Bergen, New Jersey, Walmart Supercenter, looking for holiday clothes for her two kids.“I find the prices pretty much the same as last year,” she said, adding that she still had some shopping to do to finish her holiday list. She intends to spend $1,000 to $2,000 total – same as last year – mostly on clothing.
Shoppers were expected to buy more merchandise online on Friday, and with purchases of $10.8bn, up nearly 10 percent from a year ago, according to projections from Adobe Analytics.
People looking to upgrade their TVs may find the best deals on Friday, with discounts peaking at 24 percent off the listed price, according to Adobe’s analysis of retailers’ online prices.
‘Spontaneous purchases’
Still, the US retail trade group, the National Retail Federation, expects roughly 85.6 million shoppers to visit stores this year, up from 76 million last year. Shoppers have only 26 days between Thanksgiving and Christmas, against a more leisurely 31 days last year.
Adding pressure for retailers is?inflation-fatigued?shoppers’?reluctance to splurge?unless they get good deals.
“With fewer days to shop, consumers are more likely to make spontaneous purchases, contributing to retail growth during the holiday season,” said Marshal Cohen, chief retail adviser at Circana, a research firm.
Evelyn Contre, 49, waited in a 20-person line at a Lululemon store with her two daughters. Contre had already browsed the websites of Abercrombie & Fitch and Lululemon on Thursday for Black Friday deals before heading into Crabtree Valley Mall in Raleigh, North Carolina, on Friday.
Crowds were sparse early at a Macy’s store in Santa Barbara, California, despite Black Friday discounts reaching 50 percent for home goods and apparel and an early opening of 7am, three hours earlier than typical.
John Dillard, 66, was shopping for Levi’s 504 jeans that he said his daughter had suggested for him. Macy’s was offering them for 40 percent off their usual $60 price. Dillard, a local retiree, said he was planning to attend a holiday party and needed new clothes for the occasion.
Dillard, who said he had already bought men’s dress pants at Macy’s that were discounted to $35 from $95 and a pair of black men’s dress shoes for just $25, said he typically eschews in-store shopping to avoid the crowds. Deals were important to him because he planned to only buy what he needed for the party. “How often am I going to wear these clothes?” he said.
Target cut prices by $100 on products such as a 75-inch Westinghouse TV and Nintendo Switch gaming console, and took more than 50 percent off Barbie dolls, Keurig coffee machines and KitchenAid mixers, deals which started on Thanksgiving and run through Saturday.
The retailer is selling a new Taylor Swift Eras Tour book, and exclusive Wicked-related products for Target Circle members.
“Black Friday is just not what it used to be,” said Hoss Moss, a 58-year-old chef from New Jersey, who stood outside a Target store for the first time in 15 years to buy?Swift’s book?for his teenage daughter.
“Grocery prices are expensive and … even clothing is not at a price you would get before.” He said his family of four plans to spend $2,000 to $3,000 on gifts this year, mostly at Macy’s and Lululemon.